44 lakh new jobs generated between September-May

Updated:2 months, 3 weeks ago IST

New Delhi, Jul 26 (ANI): A report in the series of employment statistics by Central Statistics Office (CSO), citing Employees’ Provident Fund Organisation (EPFO) data, suggests that more than 44 lakh new jobs have been added between September 2017 and May 2018. The report is the fourth in the series. As many as 7.43 lakh new paysheets were generated in the month of May, with the biggest contributor to the figure between the age group of 18-21 followed by the age bracket of 22-25. Earlier, the Ministry of Statistics and Programme Implementation in April released the first employment related statistics in the formal sector, covering a period between September 2017 and February 2018. This was the first time India introduced monthly payroll reporting for the formal sector to facilitate analysis of new and continuing employment. The next report is due for release on August 24.

Related Video

iocl